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DRM Dermasalve

2.75
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Dermasalve LSE:DRM London Ordinary Share GB0034270156 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Issue of Equity

11/01/2008 4:03pm

UK Regulatory


RNS Number:6365L
Dermasalve Sciences PLC
11 January 2008

                            DermaSalve Sciences plc



                                Issue of Equity





The Directors of DermaSalve Sciences plc ("DermaSalve" or the "Company")
announce that they have issued and allotted 565,095 ordinary shares of 1p each
(the "New Shares") to Trafalgar Capital Specialized Investment Fund FIS ("
Trafalgar"), pursuant to the receipt of a notice of conversion for an amount of
£20,000 received on 11 January 2008.  The issue price is 3.54p in accordance
with the terms of the convertible loan agreement with Trafalgar announced on 5
October 2007.



Application will be made for the New Shares to be admitted to trading on AIM,
which is expected to take place on 17 January 2008.  Following the issue of the
New Shares, there are 101,764,558 ordinary shares in issue.




Enquiries:

DermaSalve Sciences plc                                        0191 260 5070
Phil Pattison, Finance Director
www.dermasalve.com

Hanson Westhouse Limited                                       0113 246 2610
Tim Feather / Matthew Johnson




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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